November 2, 2009
just-drinks.com editor's weekly highlights
The International Food & Drink Expo India 2009 is the must attend event for India's food, drink and hospitality professionals, who will have the opportunity to source new products and innovations as well as learning the latest developments in the industry.
From a heady 37 degrees to a somewhat parky 11, it'll be little wonder if I'm not scuttled by some sort of fever before this week is out.
I jetted back into just-drinks towers first thing this morning, after a whirlwind trip to Mumbai for this year's IndSpirit conference and exhibition. This was our second visit in as many years to the country, which continues to offer drinks companies high hopes for the future. What we saw and heard suggest that those hopes remain firmly intact.
Vodka marketeers will get excited by the opinion held by many that the category is poised for great things in India in the coming years. Meanwhile, local reports over the weekend claimed that consumption of beer, wine and Indian-made foreign liquor (IMFL) continues to soar. The Sunday Times said yesterday (1 November) that wine consumption in suburban Mumbai has leapt by 37% in the last two years, with beer and IMFL delivering returns of 53% and 44% respectively.
So, dear drinks exec, if you're feeling gloomy, get on a plane and get to where things are hotting up. It'll be worth the sniffles when you get home.
Speaking of heat, we saw quite a lively debate on just-drinks last week, sparked by the musings of our regular columnist, Chris Losh, who questioned the wisdom behind the latest marketing initiative from Wines of South Africa. “The public really don't know much (or even care much) about South African wine,” he claims. “A campaign based on diversity still needs to have a clear point of focus, and that focus needs to be visceral, aspirational and sexy.”
Cue a raft of responses, most notably from WoSA itself. While not only providing you with the news of the day, just-drinks is also a forum for your opinions, and we welcome them all. Indeed, I'll gladly pay a penny for 'em.
Speaking of wine, changes are afoot in Australia's wine industry, it seems, after Constellation Brands broke cover today to announce it may merge a portion of its Australian business with Australian Vintage. It is also considering selling assets related to its UK and Australian divisions.
While the timing of the announcement has caught most in the sector by surprise, the rationale makes a lot of sense. Australia's wine industry has stacked up more wine than it can sell and the major players are attempting to reorganise their businesses as a result. Foster's, Australian Vintage and Constellation have all, to different extents, sought to restructure their operations in the country in the past 12 months. We'll keep you updated as the situation progresses.
Meanwhile, in the UK last week, the collapse of First Quench Retailing dominated headlines. Administrators for First Quench, which owns Threshers, are hopeful of selling a portion of the group's 1,200 off-licences, but closures and job losses are inevitable. The group's demise highlights tough times for the off-licence sector in the UK.
Only 24 hours prior to First Quench, Heineken stepped in to avoid another collapse in the UK drinks industry, with the brewer stumping up GBP180m (US$295m) to keep Globe Pub Co afloat.
Last, but not least, just-drinks also headed to Ketel One's headquarters in the Netherlands to hear what plans Diageo and the Nolet family have made for the brand since signing their 50-50 joint venture.
Now, what to do with all those air miles...
Until next time...
Olly Wehring, Managing Editor
just-drinks can give you brand exposure to over 800 drinks buyers globally!
All new research into the global vodka markets is now available.
Vodka will be the next drinks category to benefit from India's growing alcohol consumption going forward, according to industry forecasts.
The food and drink industries of the ten countries that joined the European Union in 2004 have been transformed by this expansion of Europe’s borderless market. Food and drink companies and markets in the countries that joined the EU on 2007, Bulgaria and Romania, are facing a similar transformation. But what of the countries that are still knocking on the door of the EU for future membership? How will their food and drink sectors fare, assuming their countries are admitted. And how could this further expansion impact on the EU’s existing food and drink sectors? Here we investigate and analyse the potential results of more EU expansion.
We currently deliver just-drinks newsletters to: ##EMAIL##
To unsubscribe from this newsletter immediately click here.
To review, amend or unsubscribe from your current newsletters click here.
© just-drinks.com 2000-2009. All Rights Reserved.